A side hustle is a business you start whilst working your regular job. It can be a multitude of things, and you work in your spare time, often evenings and weekends to grow the enterprise. Thanks to the internet, anyone can use their skills to make money, as you can market to the entire world.
Whether writing, graphic design, or programming, there is something for everyone to earn more cash on the side. But, hopefully, one day, you can turn the enterprise into a full-time business.
That’s the dream for most, working for oneself, not having to deal with bosses or even colleagues. Where earning potential is unlimited, all solely dependent upon you. Nonetheless, to succeed, you need to have specific qualities, namely; perseverance, discipline, hard work, and talent.
The idea is not as far-fetched as it seems, millions of people around the world run one-man businesses, often dubbed solopreneurs. Non-technical people start off with writing, as everyone has had some experience in their life with the skill.
Nevertheless, mastering writing is another kettle of fish. A great piece of writing can earn money in many different ways, which we will cover in this article. But a good place to start is learning how to write the perfect essay, as provided here at Rob base.
With inflation soaring and the world economy on the brink, many analysts believe a global recession is around the corner. So what does that mean? Layoffs. It always occurs in a period of an economic downturn, but if you have set yourself up, you will never need a job ever again.
To assist, we have given you some ideas to help you get started with a side hustle. So you can earn money and most importantly be more secure if the worst does ever happen.
Writing
A skill everyone has and can develop, writing is the perfect place to start. There are many avenues too, from copywriting to ghostwriting to even social media management. Every organisation needs writing in some form or another.
Just writing content will not make you much money, the key is to provide value. Consequently, many people opt for copywriting. Every email or social media post for a company is a form of marketing, and if you can write well, you will be paid handsomely.
The name of the game is engagement and creating a hook for someone to make a purchase. It sounds easier than it is, but the demand for this skill is off the charts.
Affiliate Marketing
Affiliate marketing is a form of marketing whereby you earn a commission when someone makes a purchase with your link online. This discipline is in every industry, so just pick your passion, create content, and boom, you are ready to go. Of course, you need an audience first to sell to, but working part-time over a few months will get the job done.
Comparison sites are great examples of this type of business, such as aeroplane ticket website Skyscanner. The company makes a small commission off airlines when a customer books a flight through their site. As mentioned, it’s in every industry and has been a viable business for decades.
Another great example is Vegas Slots Online, a site where users can play free slots online. However, if you wish to play for real money, the platform recommends operators carefully examine each one for each location, such as Canada. They then rank each operator for players to see the best bonuses and give tips, guides, as well as legal advice.
YouTube/TikTok
The amount of money to be made out of YouTube or TikTok is mind-blowing. The crucial aspect is great content. Many think that the only way you get paid through these channels is adverts, but this does not scratch the surface. Creators have plenty of ways to make money, which include:
- Affiliate marketing
- Sponsorship
- Merchandise
- Online eCommerce store
- Donations
A wise man once said, if you can find 100 fans that will pay you $1000 over the year, you make an annual salary of $100K. Just find your niche and start making content. Then again, you must be consistent and persevere. Even some of the biggest stars today like Mr. Beast, were making videos for a good 2 years before anything happened.
Then again, the platform TikTok is totally different from that of YouTube. The engagement levels of the platform are truly mind-boggling. A new account that has only made 3 videos may get millions of views on the third. This is impossible (unless you’re a celebrity) on Instagram, Facebook, YouTube, or Twitter.
Sell Products Online
The most obvious choice for this is eBay or Amazon, but starting off small can be difficult. You are competing against established traders, so you will need to find a niche to succeed.
But do not fret, there are plenty of options for you, as the eCommerce world is booming. Canadian company Shopify has made it easy for anyone to build an online store, in which you can sell physical or digital products or even services.
The best way to sell your products is by working with influencers on social media. Instead of building your own audience, leverage someone else’s. You can pay influencers per post to promote your products to drive traffic to your site. From there, you can get them to sign up to your mailing list, always having a channel to promote discounts or new products.
Conclusion
Today the biggest risk is actually not doing anything. Job security is not as guaranteed as it once was, so you need to prepare accordingly. We have given you some great ideas to get started, and the best thing is that you do not need much money to start. So what will you do? If you start today, who knows where you will be in 1 year’s time?
And if you are struggling, there are tons of resources online to help you with your ideas, as well as communities. Just make the step, and make your dreams come true.
